Subbarao said, short-term as well as medium-term prospects or Indian economy continue to be grim. Fiscal deficit is going to be much higher, the debt burden much larger and the financial sector will be in a worse shape.
Kamra allegedly heckled Goswami, the editor of Republic TV, on IndiGo's Mumbai-Lucknow (6E5317) flight on Tuesday.
A day after BRICS (Brazil, Russia, India, China and South Africa) nations agreed on a $100-billion foreign currency reserve pool to tackle the volatile foreign exchange markets, India on Friday said the pool would act as a buffer arrangement, adding it might not withdraw anything from this reserve.
Prime Minister Modi needs to call Biden next month and clearly say: 'Mr President, the threat from China is clear and present. We, in New Delhi, have determined it to be an urgent national priority to outfit our submarines and aircraft carriers with nuclear propulsion and we want to cooperate with America on this programme",' advises Ajai Shukla.
'Once the lockdown is lifted, we will need the mother of all fiscal and monetary policy support to sustain the economy,' advises Akash Prakash.
The provisions in the FRDI bill do not modify current protections for depositors adversely at all, the ministry held, maintaining that these rather provide additional protections in a more transparent manner.
'Mohan Bhagwat is very upfront with his views and arguments.' 'Mohan Bhagwat is competent to deal with Modi's personality cult.'
Speaking at a bipartisan gathering of US governors at the White House, Trump vowed significant increase in defence law enforcement and law enforcement. "This budget will be a public safety and national security budget," Trump said.
"We are the people, especially in the Kashmir Valley, who upheld the tricolour high over the years at the cost of thousands of our workers who were martyred," Mufti told reporters in Jammu at the end of her five-day visit to Jammu -- her first after release from over one-year-long detention under the Pubic Safety Act (PSA).
In her plea, Sara Abdullah Pilot has said that exercise of powers by authorities under the CrPC to detain individuals, including political leaders, was 'clearly mala fide to ensure that the opposition to the abrogation of Article 370 of the Constitution is silenced'.
The PM hailed the armed forces in context of Kargil Vijay Divas and paid tributes to the fallen heroes.
Ajay Banga is one of the nine members of the Commission on Enhancing National Cyber Security.
Asserting that central government employees may have to work with staggered attendance and variable working hours, the personnel ministry has come out with a draft framework for 'work for home' for the staff post-lockdown. The department of personnel and training may provide options for work from home to the eligible officers/staff for 15 days in a year as a matter of policy, it said.
United States president-elect Donald Trump's tweet for strengthening and expansion of country's nuclear arsenal is indicating a major policy change as against the Obama Administration which had pushed for reduction and ultimately elimination of nuclear weapons.
In a statement, the agency said the bail was granted to Yousuf Chopan, who had been arrested by the NIA in a terror conspiracy case, and not the February 2019 attack case.
On Wednesday, September 18, the Supreme Court denounced manual scavenging as 'most uncivilised and inhuman'. 'It is the notion that they are born to do this which needs to change.'
Asserting that Uttar Pradesh has undergone a complete transformation under his government, chief minister Yogi Adityanath said on Sunday that there have been no riots since 2017, strict action has been taken against the mafia and the state is in the frontline of implementing welfare schemes, ensuring the ease of doing business and fighting the COVID-19 pandemic.
'It may take two years for the economy to return to normal.' 'We should ensure that the vulnerable do not dig into their savings or give up their assets because that will set them back by several years.'
'India should stop claiming that a united Pakistan is in India's interests.' 'Pakistan's break-up is a necessity for peace and progress in the region,' says Major General Mrinal Suman (retd).
The haunting images offers a glimpse into the suffering asylum seekers face on the US-Mexico border.
Union Minister for Women and Child Development Maneka Gandhi says her ministry is working on four core areas of "safety, education, employment and confidence building," which are critical for the 58 crore women population in India which includes over 41 crore in rural areas. She also lays out the detailed roadmap for her ministry including setting up of one stop rape crises centres, hostels for working women among others.
These concrete steps should include measures to address any number of pressing concerns, including prohibitively high tariffs and discriminatory forced localization requirements that are blocking US exports of a wide range of products.
The government is expected to route all its official communication through the official website National Informatics Centre's email service.
After assuming power in 2014 with a full majority of its own, the BJP-led NDA government started an ambitious process of reforming labour laws in the form of codes aimed at making the framework less cumbersome with a variety of alterations. It had planned four codes each for industrial relations, wages, social security and welfare, and occupational safety, health and working conditions. To this end, 35 central labour laws were to be converted into four codes that would have had the virtue of streamlining labour relations. But none of the proposed code Bills could be converted into a law principally because neither trade unions nor industry representatives came on board. They hold the key to India's low-growth-high unemployment paradigm but the government may struggle to push them through this time as well. Somesh Jha explains why
'We have the geographic advantage, demographic advantage, we have the necessary technical skills.' 'We just have to get all of these together. Then, we can very well compete.'
In March, he had said that China is responsible for the spread of the novel coronavirus and called the COVID-19 as the "Chinese Virus".
As India emerges from the COVID-19 crisis, the ninth budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments.
The company was awaiting clarification from the Reserve Bank of India on data storage before it took a final call on data localisation.
Ahead of completion of three years of the National Democratic Alliance, the Congress young brigade alleged that the government has failed on various counts including on issues like dealing with Pakistan, Kashmir policy, internal security, women safety and rising cases of rapes, atrocities on Dalits, high petrol and diesel prices, besides generation of jobs.
'The Chinese navy is large and expanding both in numbers and capability by the day.' 'India too must take measures to safeguard its own interests, now and in the future.'
Whether the third wave will ravage us depends on the pace of vaccinations, careful and calibrated opening up of establishments, and a strategy to contain the spread in specific states or pockets.
The minister was making statement on three incidents of attacks on Indians in the US.
'One hopes that it is for the better that this disaster alters our reality from the morning of May 4,' notes Aakar Patel.
Prime Minister Narendra Modi on Sunday assured at the all-party meeting that the government is ready to discuss all issues.
Recent statistics show that the situation is no different across the country with several hospitals lacking the infrastructure to manage a breakout of a blaze.
Top officials in key ministries, including finance and IT, are of the opinion that a sensitive payments system such as UPI should not be on a platform whose security is possibly compromised.
The lawsuit seeks an injunction to stop the entire rule from going into effect.
The CM said his government has not deviated from its zero-tolerance policy on crime.
Nodal body, which will take charge on October 1, to maintain data, will suggest recalls & fines.
'India's first and longest-serving prime minister created -- or at the very least imagined -- a modern, democratic nation-State of the 20th century,' says Sunil Sethi.
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